Ashoka Buildcon share price, P/E, ROE & financials

As of 6 Nov 2026, Ashoka Buildcon trades at 1.2× trailing earnings, below the industry P/E of 16.4×, and the shares are 50% below their 52-week high. Sales fell 1.9% a year over 3 years while net profit grew 106%; its ROCE of 47% is the highest among the 7 largest Engineering & Construction peers, though net profit is above operating profit, which points to a one-off gain. Debt is 0.24× equity. It is a small-cap company with a market cap of ₹2,865 Cr, ranked 36th of 156 Engineering & Construction companies by market cap; the shares fell 48% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹104.90
Day high: ₹104.95
Day low: ₹100.36
Prev. close: ₹106.95
Volume: 17.3 L

Health check

1 good · 2 fair · 2 to check

ReturnsBehind
−48.0% over a year, better than 0 of 7 peers.
Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
GrowthSteady
Sales −1.9%, profit +105.8% a year over 3 years.
ProfitabilityStrong
ROCE 47.1% vs peer median 19.9%.
Balance sheetFair
Debt 0.24× equity, interest covered 4.6×, Piotroski 8 of 9.
Red flags5 to check
Quarterly profit down 41.2% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Engineering & Construction

155 listed peers. Screen the industry

Small cap

₹2,865 Cr, #36 of 156 in its industry by size.

Defensive

Beta 0.53 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹7,132 Cr · profit ₹2,460 Cr

Market cap: ₹2,865 Cr; Small cap
P/E: 1.2; Industry 16.4
Price to book: 0.44; Peers 4.92
Dividend yield: 0.00%
ROE: 48.6%; Peers 17.9%
ROCE: 47.1%; Peers 19.9%
Debt to equity: 0.24; Debt ₹1,608 Cr
EPS (TTM): ₹87.64; Face value ₹5
OPM (TTM): 19.3%; Net margin 34.5%
Sales growth: −20.5%; Latest quarter vs a year ago
Profit growth: −41.2%; Latest quarter vs a year ago
Price to sales: 0.40; EV/EBITDA 2.5

Strengths

Return on equity of 48.6%.
Return on capital employed of 47.1%.
Positive operating cash flow in each of the last 4 years.

Risks to check

Quarterly profit down 41.2% on a year ago.
Quarterly sales down 20.5% on a year ago.
Net profit is above operating profit, so a one-off gain is likely flattering earnings.
50% below its 52-week high.
Interest coverage of only 1.7×.

Derived automatically from reported figures. Not a recommendation.

About Ashoka Buildcon

Ashoka Buildcon Limited engages in the construction business in India. It operates through Construction & Contract Related Activity; Built, Operate and Transfer (BOT)/ Annuity Projects; and Sale of Goods segments. The company engages in the construction of infrastructure facilities on engineering, procurement, and construction basis, as well as built, operate, and transfer basis. It also sells ready mixed concrete; and real estate properties. It…

Headquarters: Nashik
Employees: 1,310
Sector: Industrials
ISIN: INE442H01029
Website: ashokabuildcon.com

Price range

52 weeks

₹95.31₹203.97

Today

₹100.36₹104.95

Avg volume (3M): 24.1 L
1-year return: minus 48.0%
From 52-week high: minus 50.0%

Analyst consensus

6 analysts

No consensusMean target ₹152.33 49.3%

Target range, with today’s price

Low ₹111.00High ₹180.00

Today’s price ₹102.06 is below the lowest analyst target.

Consensus from Yahoo Finance. Not a recommendation.

Peers · Engineering & Construction

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
LTLarsen & Toubro	4,117.70	plus 1.67%	5,66,549	31.7	19.6	14.6%	9.6%	1.05	16.1%	plus 3.2%
RVNLRail Vikas Nigam	193.34	minus 0.18%	40,312	44.9	56.9	11.0%	4.3%	0.49	0.2%	minus 40.5%
CEMPROCemindia Projects	1,323.30	plus 2.79%	24,405	36.4	24.2	37.1%	10.4%	0.35	25.5%	plus 49.2%
KPILKalpataru Projects International	1,370.80	minus 0.04%	23,410	19.7	10.1	19.9%	8.3%	0.46	18.4%	plus 4.3%
NBCCNBCC (India)	78.00	minus 2.90%	21,060	26.5	19.8	34.3%	6.1%	0.00	12.9%	minus 29.5%
ENGINERSINEngineers India	292.70	minus 1.94%	16,451	18.3	21.5	28.1%	21.2%	0.00	5.7%	plus 51.1%
WABAGVA Tech Wabag	1,988.20	plus 6.57%	12,434	29.4	20.8	16.3%	10.9%	0.09	9.9%	plus 33.2%
ASHOKAAshoka Buildcon	102.06	minus 4.57%	2,865	1.2	2.7	47.1%	21.6%	0.24	−1.9%	minus 48.0%
Median of 7 peers	–	−0.04%	23,410	29.4	20.8	19.9%	9.6%	0.35	12.9%	4.3%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
1,887	1,851	1,827	1,954	1,500
1,288	1,429	1,392	1,691	1,242
599	422	435	263	258
31.7%	22.8%	23.8%	13.5%	17.2%
50.2	219	39.2	32.7	34
311	318	200	82.4	83.4
38	40.2	41.6	40.9	35.8
–	−219	2,376	−13.3	–
300	64.2	2,609	160	173
24.3%	−41.2%	19.1%	8.0%	26.4%
217	78.1	2,111	143	128
7.74	2.78	75.21	5.10	4.55

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −1.9%
Profit CAGR 3Y: +105.8%
EPS CAGR 3Y: +105.8%
ROE: 48.6%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
7,354	8,957	8,974	6,953
–	+21.8%	+0.2%	minus 22.5%
5,985	7,395	6,860	5,449
1,369	1,562	2,114	1,503
18.6%	17.4%	23.6%	21.6%
671	666	925	512
1,052	1,152	1,209	867
341	367	290	161
−58.6	161	14.8	2,145
588	870	1,555	3,132
50.0%	40.1%	−11.5%	17.8%
292	503	1,694	2,550
–	+72.0%	+236.7%	+50.5%
10.42	17.92	60.35	90.84

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
140	140	140	140
1,535	2,080	3,775	6,439
5,509	5,665	2,226	1,835
9,960	11,239	14,628	4,636
17,145	19,124	20,770	13,050
368	385	422	490
75.1	41.2	52.8	61.6
2	22.5	20.6	438
238	559	377	603
16,462	18,117	19,897	11,458
17,145	19,124	20,770	13,050

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
492	749	1,673	655
−311	258	−626	1,276
−311	−407	−1,052	−1,590
−130	600	−4.3	341
−179	−146	−119	−117
313	603	1,555	537

Shareholding pattern

Source: NSE filings

54.5%

promoters

Promoters54.48%
Public45.52%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	54.48%	45.52%	0.00
30 Jun 2026	54.48%	45.52%	0.00
31 Mar 2026	54.48%	45.52%	0.00
31 Dec 2025	54.48%	45.52%	0.00
30 Sep 2025	54.48%	45.52%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you